NOT LISTED FOR SALE

5850 Olive Ave Unit 58 Sarasota, FL 34231

Estimated Value: $423,537

5 Beds
3 Baths
2,548 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $250,000 $98 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,663/month

6 Days on Market

Highlights

  • No HOA
  • Mature Landscaping
  • Central Heating and Cooling System
  • Riverview High School Rated A

About This Home

As of March 2018

Great Investment Deal ! A must-see duplex close to everything, beaches, restaurants and shops .

Last Agent to Sell the Property

Joseph Boguszewski

COLDWELL BANKER REALTY License #0531927 Listed on: 02/26/2018

COLDWELL BANKER REALTY

Last Buyer's Agent

Nick DeVito

IAN BLACK REAL ESTATE LLC License #3191919

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 105x115
  • Mature Landscaping

Parking

  • 1 Carport Space

Home Design

  • 2,548 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Block Exterior

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • 1350 Main Residential Community
  • Golden Acers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0101 03 0018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,500

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Living Area: 2548
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1962
  • Lot Size Sq Ft: 12075
  • Directions to Property: East on Clark Rd , south on Olive Rd , second property on the right.
  • Status: Sold
  • Unit Count: 3
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.13895
  • Price per Sq Ft: 98.12
  • Close to Original List Price Ratio: 1.13895
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Levels: One
  • Street Number Modifier: 5850
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association: No
  • Senior Community: No
  • Deposits Y N: No
  • Association Fee Requirement: None

Lot Info

  • Parcel Number: 0101 03 0018
  • Additional Parcels: No
  • Lot Dimensions: 105x115
  • Flood Zone Code: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Mar 16, 2018
Sold by
Steele Morris R
Bought by
5850 Olive Llc
Seller's Agent
Joseph Boguszewski
COLDWELL BANKER REALTY
Buyer's Agent
Nick DeVito
IAN BLACK REAL ESTATE LLC
List Price
$219,500
Sold Price
$250,000
Premium/Discount to List
$30,500
13.9%
Current Estimated Value
$423,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,537
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
5850 Olive Llc $250,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $250,000 +13.9% $98 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $219,500 -- $86 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2021 $3,393 $213,900 $93,200 $120,700
2020 $3,270 $202,300 $78,900 $123,400
2019 $2,992 $186,000 $86,600 $99,400
2018 $2,742 $183,200 $71,600 $111,600
2017 $2,351 $139,632 $0 $0
2016 $2,351 $148,600 $66,400 $82,200
2015 $2,351 $142,700 $61,500 $81,200
2014 $2,138 $95,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4211584

Stellar MLS

APN: 0101-03-0018